Investment Properties | Best Markets For Guaranteed Cash Flow In 2017
In the Investment Real Estate where and what you buy will affect your return on investment. Here are some tips from us, Norada Real Estate Investments, which will help you identify good investment properties with high yields and strong appreciation. By researching top real estate growth markets and structuring the complete process of buying an investment property, we help you succeed by minimizing risk and maximizing profitability.
You may be interested in buying an investment property if you want to diversify your income beyond your main source of income which can be a job or a small business. You must have heard a lot about seasoned investors buying a home, renovating it, and reselling at a much higher price to another investor who the holds the property for few years by renting it out through a property management company. We do believe that renting is the true core of real estate investing. That’s because historically there has been very little real price appreciation in houses. Renting generates a steady monthly paycheck for you, like a classic dividend-paying utility stock. Any price appreciation of your turnkey rental property is a bonus for you.
But if you are first time novice buyer you may have no experience in finding and buying an off-market REO, rehabbing it and then selling it out to a big investor. Investing in a rental home isn’t like buying a low-cost index fund. Choosing the right property, maintaining it, dealing with tenants — all that takes work. Think hard about whether you’re prepared to put in the time. Can you handle after-hours calls? What if your tenant doesn’t pay rent? That is where our property specialists at Norada Real Estate Investments can help you. We will help you in finding the best investment property which has been fully renovated with vetted tenants in place so that you do not have to worry about anything. We offer investors fully refurbished as well as new construction residential properties ranging from single-family homes on up to fourplex multi-units. Our properties make sense the day you buy them. There is nothing that needs to happen in order for the property to be a good wealth-building investment.
Even though home prices have bounced back, we believe that deals can be found. You do not have to worry about underestimating the costs of renovation and ongoing maintenance, the biggest rookie mistake, can quickly tank your returns. It takes years of experience to succeed in the fixing and flipping real estate market. We find deals in familiar markets for you and check recent sale prices in the area to give you an idea of what you can expect to pay for the local properties. Our investment properties are already discounted by 5–30% and sold exclusively on our listing website. You won’t find them listed on MLS or anywhere else.
We look for areas where high growth is expected, where there is potential for capital gains.
Our investment properties must be in growth markets.
Our investment properties must produce a positive cash-flow.
Our investment properties must have appreciation potential.
Our investment properties must be turnkey and rent-ready.
Our investment properties must be at or below fair market value.
Our investment properties must be in the areas where rents are high compared to the property value.
Our investment properties must be in the areas with low vacancy rates. A high vacancy rate may indicate a less desirable area, which could make it harder to rent the property out, or sell it in the future.
Below are our current real estate markets. We select markets based on a number of factors. At a high level, we consider economic factors that include job growth, unemployment, population growth, as well as the condition of the local housing market (inventory, price trends, etc.). Markets must make sense from an economic and investment perspective and not based on fads and investor demand. Some of our properties come with a rent guarantee ranging from three months to one year. We Find out about proposed changes in the suburb that may affect future property prices. Things like new developments or zoning changes can affect the future value of a property.
Atlanta, Georgia: Ranked the #1 rental market in the US. Properties start at $70,000 with 3 year appreciation forecast of 9.3%. Up to $750/mo cash flow.
Birmingham, Alabama: It was considered to be the 8th Hottest Housing Market for 2014 on CNN/Money. It is ranked #2 for lowest property taxes. It has a 3-Year appreciation forecast of 10.6%.
Charlotte, North Carolina: With renting constantly on the rise, the cost of living is below the national average. It has a 3-year appreciation forecast of 5.4%.
Chicago, Illinois: Third Largest Metropolitan Area in the U.S and over 50% of the population rents. We have fully renovated single family homes for both new and seasoned investors.
Dallas, Texas: One of the leaders in the U.S. for employment and population growth which is expected to double in the next 10–15 years. 52.9% of Dallas rents vs. 33% nationally. Newly remodeled REOs (2004 or newer). Properties 5% — 15% below market value and have a 3-Year appreciation forecast of 11.4%.
Fayetteville, Arkansas: It is the fastest growing city in the state with an unemployment rate of only 4.5%. Cost of living 10% lower the U.S. average. Beautifully renovated properties with stable rental income.
Houston, Texas: 4th largest city in the US and #1 Market in the US for Job Creation. Our rental properties are 5%-20% below current fair market value. 12 Month ‘No Vacancy’ Guarantee. $75,000 average purchase price and a 3-Year appreciation forecast of 10.5%.
Indianapolis, Indiana: Ranked the #1 most affordable place to own real estate. (Forbes Magazine) Highest Job Growth in the Midwest. Properties are up to 10% below market with a 3-Year appreciation forecast of 10.3%.
Jacksonville, Florida: Experts predict 50% population growth in 10 Years. Our properties start at $45,000 with up to $600/mo cash-flow (Net Operating Income). They have a 3-Year appreciation forecast of 10.4%.
Kansas City, Missouri: Turnkey rental properties starting at only $45,000 with cash flow of up to $650/mo. Cost of living is 15.3% below the U.S. average. Properties up to 10% below market with a 3-Year appreciation forecast of 9.0%.
Little Rock, Arkansas: #1 Place to Live in the United States (Kiplinger July 2013). Newly refurbished properties w/ tenants starting at $79,000. Median home cost is $114,100. Cost of living is 10.9% lower than the US average. Very low unemployment at ~4%. 10-year projected job growth of 32%.
Memphis, Tennessee: Affordable housing in non-bubble market. Fully rehabbed properties with great cash flow. 43% of Memphis rents vs. 33% U.S. Cost of living ~10% below U.S. average. Our properties are 10% — 30% below fair market value with a 3-Year appreciation forecast of 9.4%.
Montgomery, Alabama: It is ranked #8 Hottest Housing Market in the U.S. (CNN Money 2014). There is a strong demand for rental housing. Cost of living is 5% lower than the U.S. average. Low unemployment rate.
Palm Bay, Florida: Turnkey new-construction homes. America’s 15th Fastest Growing City (Forbes 2014). Cost of living 5.7% is below the national average and the investment properties have a very strong appreciation potential.
Salt Lake City, Utah: 5th fastest growing city in U.S. (Forbes). Low unemployment (3.3% in Feb 2015) and a 3-year appreciation forecast of 16.0%.
San Antonio, Texas: Ranked #2 recession-proof city (Forbes). We have single-family, duplexes, fourplexes with a 3-Year appreciation forecast of 9.1%. Unemployment rate is below 4%.
Tampa, Florida: 5th hottest real estate market for 2017. Moderate price increases expected in 2017. Cost of living 23% below U.S. average. Unemployment rate of only 4.5%.
Can we help in financing? — Yes, we work with a solid team of mortgage bankers and brokers that can help you finance your investment property. Of course, you are free to use any lender you choose. On some of our properties, we can provide you with private mortgage financing options requiring no income and/or credit qualification. These are perfect for self-directed retirement accounts such as IRAs and 401(k)s.
For more details you can visit us here and take a look at our turnkey investment properties. You can contact us and one of our Investment Counselors will help you with your investment goals. We are here to help you build your wealth and cash-flow with our turnkey real estate investments.